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U.S. Secretary of State Mike Pompeo said on February 15 at the Munich Security Conference that Washington pledged "up to $1 billion" to boost energy projects in eastern Europe as part of efforts to reduce reliance on Russian natural gas.

Excessive supplies of liquefied natural gas (LNG) as well as brimming storage have put pressure on natural gas prices in Europe and Asia, dimming forecasts for exports, Russian gas giant Gazprom said on Thursday.

Uniper has begun construction of two new gas turbines and a steam boiler at the Scholven power plant site after the Münster district government granted approval before Christmas. The new gas and steam plant is to replace the existing plants in the future. The conversion of the site to operate with natural gas will not only massively reduce the emission of climate-damaging substances such as CO2. Also, the noise impact from the plant itself and from fuel supply trucks will be significantly reduced, as the gas will be delivered by pipeline.